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Does the WSJ really believe that residential real estate in Illinois is a great opportunity to get a high return on the investment?
American Thinker ^ | 05/13/2023 | Jack Hellner

Posted on 05/13/2023 9:39:10 AM PDT by SeekAndFind

As a seventy-year resident of Springfield, Ill, I was amazed and amused that there was an article in the Wall Street Journal, a supposedly reputable, savvy business newspaper touting Springfield as a great place to buy a house.

It is as if the reporter doesn’t know how to read, think, analyze, and ask questions before regurgitating something. WCIA TV writes:

Springfield was featured in a national publication as one of the best housing markets.

An article in the Wall Street Journal published earlier this month listed Springfield, Illinois as number 17 out of 300 for towns on the WSJ/Realtor.com Emerging Housing Markets Index for Winter 2023 for the best “housing markets expected to provide a strong return on investment and offer a nice place to live.”

Here are some tidbits about Illinois to determine if it is a great place to invest:

Illinois is being run completely by Democrats. They have the governor's mansion, all constitutional offices, and super majorities in the House and the Senate. They also completely control Chicago.

Somehow, I don't see the media or Eric Holder complain about gerrymandering in Illinois. 

The Illinois population has dropped for nine straight years, including declining more than 100,000 last year.

Illinois’ population declined for the ninth consecutive year in 2022, with a record 104,437 residents lost from July 2021-July 2022, according to estimates released Dec. 22 by the U.S. Census Bureau.

Democrats like to promote that Illinois is a sanctuary state that welcomes illegal immigrants, yet when they get a few thousand they whine like little children that they can’t afford them. 

Illinois tied for worst with pension underfunding at 52% or underfunded by $204 Billion.

What do Illinois Democrats do when they are $204 billion in the hole on pensions?


(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: Illinois
KEYWORDS: 1619project; beetlejuice; biden; blackkk; blackliesmanors; blackliesmatter; blacklivesmatter; blm; chicago; chiraq; criticalracetheory; crt; democrats; ericholder; gerrymandering; illinois; letsgobrandon; newyork; newyorkcity; pritzker; realestate; springfield; wallstreetjournal; wcia; wsj

1 posted on 05/13/2023 9:39:10 AM PDT by SeekAndFind
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To: SeekAndFind

Illinois has tough gun laws yet very dangerous cities. Maybe the problem is that they let gang members and career criminals terrorize cities.

SEE HERE:

https://www.npr.org/2022/12/28/1145763929/illinois-will-become-the-first-state-to-do-away-with-cash-bail

TITLE: ILLINOIS WILL BE THE FIRST STATE TO DO AWAY WITH CASH BAIL


2 posted on 05/13/2023 9:41:29 AM PDT by SeekAndFind
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To: SeekAndFind

SEE HERE:

https://www.forbes.com/sites/niallmccarthy/2020/02/19/the-most-corrupt-states-in-america-infographic/?sh=282e84222101

Illinois is the second-most corrupt state, and Chicago is the most corrupt city, yet the media continually supports reelecting Democrats to remain in power. They also clearly have never cared about how Biden, Clinton and others line their pockets with kickbacks. It is no wonder we have so much corruption when the media only cares if they don’t push leftist policies.


3 posted on 05/13/2023 9:42:58 AM PDT by SeekAndFind
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To: SeekAndFind

4 posted on 05/13/2023 9:43:46 AM PDT by SeekAndFind
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To: SeekAndFind

Their financial advisor is Jim Cramer ...


5 posted on 05/13/2023 9:45:06 AM PDT by x
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To: SeekAndFind

Americans are running put of places to go. Ferals emboldened abd in control.

Bring on freedom cities.


6 posted on 05/13/2023 9:46:39 AM PDT by toddausauras (Trump Lake 2024....Go down swinging!)
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To: SeekAndFind

Not just Illinois, never buy real estate in blue cities or states. One is just asking for trouble.


7 posted on 05/13/2023 9:53:23 AM PDT by lowbridge ("Let’s check with Senator Schumer before we run it" - NY Times)
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To: SeekAndFind

Springfield Illinois? You’ve got to be shitting me! Absolutely nothing to do in the flattest, most boring, soul and spirit destroying locale imaginable. Survivable only if you can stay drunk and/or high on something during waking hours.


8 posted on 05/13/2023 11:11:34 AM PDT by Bonemaker (invictus maneo)
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To: SeekAndFind

Couple of years ago I drove from Florida to Seattle and then back to Florida taking a different route. Drove through half of the states in the country. Guess which state had the worst roads and worst rest areas? Illinois stood out.


9 posted on 05/13/2023 11:28:20 AM PDT by entropy12 (Food is most popular anxiety drug, exercise is the least popular.)
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To: SeekAndFind

NOT JUST YET! Gotta wait for more people to leave, and for the property values to plummet. THEN, you buy it all up, and when the crackdown begins and the values return to normal, PROFIT!


10 posted on 05/13/2023 11:38:57 AM PDT by FrankRizzo890
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To: SeekAndFind

A home in Springfield that is valued at $137,000 would have to pay over $3,000 in property taxes.

What about the people who didn’t vote for rat government these past decades?

Do they deserve the rat rump-rodeo?


11 posted on 05/13/2023 2:35:34 PM PDT by Jacquerie (ArticleVBlog.com)
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To: entropy12

I just drove I-95 through South Carolina. My kidneys are still vibrating.

Absolutely horrible. Last road I was on that was that bad was I-30 in Arkansas about 18 years ago.

Illinois roads are not as bad as either one of those are/were.


12 posted on 05/13/2023 3:43:04 PM PDT by John Milner (Marching for Peace is like breathing for food.)
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